Recently, Match-Maker Ventures and Arthur D. Little have released an interesting report, titled “The Age of Collaboration“. The study does a good job in synthesizing the global state of play of corporate-startup collaboration and latest findings on success requirements for its implementation. More and more corporations seek to engage with startups by pursuing corresponding activities across dedicated ecosystems and incorporating them […]
Tag Archives | Innovation Strategy
Probably the most critical structural ingredient for innovation capability is how new ventures – internal as well as external ones – are to be implemented in the organization in order to get validated and scaled. Should a new venture be entirely separated from the core business as stand-alone venture? Should it be integrated into an existing business unit? Or is it […]
The first time I was advocating the idea of a dual innovation approach, here also referred to as organizational ambidexterity, is now more than 5 years ago. At this time it became pretty obvious to me that this concept – academically worn-out but deficiently or not at all put into practice in most organizations – would be of increasing importance […]
In previous posts, I have shared my view on important cornerstones for successful innovation management systems. As pointed out several times, balanced and up-to-date innovation management requires organizational ambidexterity, i.e. the capability to explore novel offerings and capabilities while simultaneously exploiting existing ones. In the following, I would like to summarize and complement these thoughts by suggesting an innovation management model that may help organizations to innovate more […]
For quite some time, I’ve been advocating the idea that successful and sustainable corporate innovation management systems should be based on the following cornerstones: Organizational ambidexterity: Sustainable innovation management is required to account for organizational ambidexterity, i.e. optimizing existing businesses and developing new businesses have to be driven in parallel. Failing to achieve an individually optimal balance will not lead to company success in the short and long […]
As pointed out in a recent post, teaming up with startups provides an opportunity for established firms to drive innovation without risking major interference with their core businesses. Particularly, with regard to radical or disruptive innovation, investing in startup incubators, accelerators or corporate venturing increases the chance to get access to promising novel technologies and business models. On the other […]
This is part two of a two-parts article co-written with Kevin McFarthing from Innovation Fixer. The first part can be found here. In our previous post, we discussed how Strategic Portfolio Management (SPM) ensures that the content of the portfolio is driven by innovation strategy and associated targets. We would now like to move on to […]
This is part one of a two-parts article co-written with Kevin McFarthing from Innovation Fixer. The second part can be found here. Facing increasingly dynamic and unpredictable environments, firms are required to develop convenient innovation strategies, constantly adapt them to changing conditions and properly implement strategically-aligned initiatives throughout their organizations. Innovation portfolio management (IPM) can act […]
PwC has released the 2013 issue of their Global Innovation Survey, titled ‘Breakthrough Innovation and Growth‘. One of the main outcomes is that there is a clear correlation between innovation and growth. 93% of the executives surveyed indicate that organic growth through Innovation will drive the greater proportion of their revenue growth. Only 2% of companies expect […]
In my previous post I have stressed why an integrative approach to sustainable innovation management seems increasingly important to me. The main reason is, that modern organizations range in an environment of various tensions and continuous complexity. This situation requires structures, strategies and cultures to be in place that support dynamic balancing of opposing and complementary elements in the innovation process. Recently, […]
- Modern Dual Corporate Innovation Balances Defense with Offense
- Bad Innovation Systems Beat Good Innovators (Almost) Every Time
- Aligning Organizations for Digital Transformation
- SCALING UP in Corporate Settings: First Achievements and Outlook
- The Firm of the Future Will Manage Two Types of Businesses
- A Model for Integrative Innovation Management March 21, 2016
- Integrative Innovation February 19, 2013
- Innovation and Organizational Culture February 14, 2015
- Balancing Innovation via Organizational Ambidexterity May 29, 2013
- Innovation and Serendipity May 23, 2013
- The Firm of the Future Will Manage Two Types of Businesses January 20, 2017
- Bad Innovation Systems Beat Good Innovators (Almost) Every Time March 26, 2017
- Integrating Lean Startup and Design Thinking February 1, 2014
- Leveraging New Ventures for Innovation July 21, 2014
- Balancing Innovation via Organizational Ambidexterity – Part 2 August 12, 2013
- Firoz Shroff: Gentlemen, Grateful to all of you for sharing th...
- Ralph-Christian Ohr: Thanks for your Feedback and in-depth comment, Dav...
- David Johnston: Ralph: Really good stuff -- thanks for putting ...
- Ralph-Christian Ohr: Thank you, Wellington - good to hear you like the ...
- Ralph-Christian Ohr: We could certainly also put it this way, Simon :-)...
- Wellington Manjengwa: This is another great post! Couldn't agree more t...
- Simon Hobson: I suspect the phrase should be "Bad Innovation Sy...
- The Trichotomy: Dual Corporate Innovation and Transformation – Innovation Excellence: […] challenge for established corporations. ...
- Ralph-Christian Ohr: Great point and post Kevin - using "management" ...
- Kevin McFarthing: Hi Ralph - I agree completely, the individual find...
- On point. At the same time, proper #innovation practice needs to make sure that validated opportunities are taken t… https://t.co/GENLU3t9zd 4 days ago
- @meedabyte Great. All the best in your new home! 4 days ago
- I. Wladawsky-Berger on "The Simple, Economic Value of Artificial Intelligence" https://t.co/vkzOzOz53x #innovation #technology #ai 4 days ago
- Great post: The 9 Biggest Challenges for Corporates to Implement #LeanStartup https://t.co/EjibhxGvv3 via @timkastelle #innovation 4 days ago
- Good question: How Much #Innovation Should We Juice Out of Engineers? https://t.co/2TiwQFxbHx #technology #ux 4 days ago
Recommended Blogs and Sites
- The Discipline of Innovation
- Irving Wladawsky-Berger
- The Corporate Innovation Blog
- Innovate on Purpose
- Paul4innovating's Blog
- Game Changer
- Innovation Observer
- It's Saul Connected
- Sonnez en cas d’absence
- Innovation Excellence
- Innovation Fixer
- Innovation Management
- Steve Blank
- Yes & Know
- MIT Technology Review
- Strategyzer Blog
- Andrew Hargadon
- Working Knowledge
- HBR Blog Network
- MIT Sloan Management Review
- ISEIC Blog
- Business Model Innovation
- I'm Not Actually a Geek
- Startup Lessons Learned
- Ash Maurya - Practice Trumps Theory
- Harold Jarche
- Rapid Innovation in Digital Time
- Business Model Innovation
- Unconventional Wisdom
- Inknowaktion (german / deutsch)